profit rate falling!

[Charles Brown]

Did Karl Marx project an objective outer limit for capitalism ? I thought it was a subjective outer limit , the consciousness of the working class.

Charles Brown


>>> <Apsken at aol.com> 03/16/99 08:44AM >>>
Doug wrote,

<< Of course, this could just be a cyclical squiggle, and the profit rate (by
these disgracefully bourgeois measures, I admit) will burst to new highs on a
millennial upswing. >>

Or, alternatively, the 21st century may vindicate Karl Marx's projection of
capitalism's outer limit. Or both events may occur -- first the upswing, then
the crash. What do you predict, Doug?

Ken Lawrence